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PAN Norm Eased For Gold, Jewellery Purchase: 5 Points
The government rolled back its notification dated August 23 that classified dealers in precious metals, precious stones and other high value goods as persons carrying on designated business and professions under the Prevention of Money Laundering Act (PMLA), 2002.
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Three Engineering Students Among Five Found Guilty of Murder of Gem Dealer
A fast track court in Thiruvananthapuram today found five persons, including three engineering students, guilty of murdering a gem dealer in December 2012.
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Lower gold prices spur some buying; Indian premiums jump
Gold's drop to a four-month low this week attracted buyers in Asia but dealers were doubtful the demand would last as consumers may be waiting for the market to go even lower. In India, despite muted demand, premiums jumped to $120 an ounce from $80 last week because of a supply crunch caused by government restrictions on imports.
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Jewellery shares gain on festive demand
Shares in jewellery companies, including Gitanjali Gems extended gains for the second day on hopes of a spike in jewellery sales ahead of the festive season in India, several dealers said.
-
PAN Norm Eased For Gold, Jewellery Purchase: 5 Points
The government rolled back its notification dated August 23 that classified dealers in precious metals, precious stones and other high value goods as persons carrying on designated business and professions under the Prevention of Money Laundering Act (PMLA), 2002.
-
Three Engineering Students Among Five Found Guilty of Murder of Gem Dealer
A fast track court in Thiruvananthapuram today found five persons, including three engineering students, guilty of murdering a gem dealer in December 2012.
-
Lower gold prices spur some buying; Indian premiums jump
Gold's drop to a four-month low this week attracted buyers in Asia but dealers were doubtful the demand would last as consumers may be waiting for the market to go even lower. In India, despite muted demand, premiums jumped to $120 an ounce from $80 last week because of a supply crunch caused by government restrictions on imports.
-
Jewellery shares gain on festive demand
Shares in jewellery companies, including Gitanjali Gems extended gains for the second day on hopes of a spike in jewellery sales ahead of the festive season in India, several dealers said.
